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? Ep. 414: Even Jim Cramer Knows More Than the Fed
The Peter Schiff Show Podcast - Episode 414
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Optimism Over No Tariffs Fueling Market Move -
Donald Trump, I think, was the reason the markets ended up finishing in the black today, at least most of the major indexes. In fact, the only index that was down on the day was the NASDAQ - the NASDAQ was the only major index that was down on the week, thanks to weakness in tech stock, in particular, the FANG stocks. The comments that Trump made today basically gave hope to some people that potentially 25% across the board tariffs on all Chinese imports may not go into effect at the beginning of next year, which is the threat. If the Chinese ant Trump don't come to an agreement, then those tariffs are going to hit.
Tariffs Are the Stick -
...
https://www.youtube.com/watch?v=r_arn6xBFxE
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Optimism Over No Tariffs Fueling Market Move -
Donald Trump, I think, was the reason the markets ended up finishing in the black today, at least most of the major indexes. In fact, the only index that was down on the day was the NASDAQ - the NASDAQ was the only major index that was down on the week, thanks to weakness in tech stock, in particular, the FANG stocks. The comments that Trump made today basically gave hope to some people that potentially 25% across the board tariffs on all Chinese imports may not go into effect at the beginning of next year, which is the threat. If the Chinese ant Trump don't come to an agreement, then those tariffs are going to hit.
Tariffs Are the Stick -
...
https://www.youtube.com/watch?v=r_arn6xBFxE
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